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CNN has been bleeding viewers for years, falling far behind Fox News and even far-left MSNBC, because the network and its hosts don’t seem to cover the issues that most Americans care about.

Which is why it is puzzling that one of the network’s most recognizable hosts — Erin Burnett — would choose to spend on-air time discussing, of all things, billionaire Elon Musk’s wealth.

And yet, that’s exactly what she and political data analyst Harry Enten focused on as one of the day’s most pressing issues during a segment of her show on Tuesday.

The segment began with the pair discussing Musk’s appointment by President-elect Donald Trump, along with business entrepreneur Vivek Ramaswamy, to focus on cutting wasteful government spending, potentially reducing the federal workforce and even recommending the elimination of entire federal agencies with the aim of dramatically reducing the $36.1 trillion national debt.

“Yeah, look, here‘s something you don‘t know,” Enten began. “How much government waste and just government spending errors, payment errors over the last 20 years? My goodness, gracious, look at that. It’s $2.7 trillion since 2003. How about in the last year? It was $236 billion. Now, correcting for those errors is easier said than done, but there is no doubt that there‘s government waste and government waste that everyone can agree upon.”

“That‘s right,” Burnett agreed. “And I understand right, the getting rid of it, fixing it, that‘s a separate thing. But just being able to acknowledge that it‘s there and putting numbers on it is crucial. So, as Musk wants to cut, cut, cut, obviously, from the federal government and he wants to cut federal employees as well, he‘s made that clear, his bottom line actually has been going up recently. Just how rich is he right now?”

“To quote Jackie Wilson, his wealth becomes higher and higher,” Enten said, seemingly veering off-topic. “I mean, my goodness gracious, over the last year and since Election Day, look at these numbers — a year ago, according to Bloomberg‘s billionaire index, it was $222 billion, on Election Day, it was $264 billion. Just in the last month, holy Toledo, nearly $100 billion richer Elon Musk is now than he was a month ago. I think it‘s $89 billion, as you‘re doing the math on your calculator.”

“I‘m just — yeah, 35% increase. I was just quickly doing that. I was doing the increase,” Burnett responded. “Okay, that‘s incredible. I mean, a return anybody would look for, go ahead and annualize that one. Okay, but this is after a judge again struck down a $100 billion pay package that Musk wanted. I don’t know why I‘m laughing. It‘s just sort of the numbers become almost, you know — “

“Comical,” Enten interjected.

“Yes. The vast majority of his wealth, though, he‘s got rockets. He‘s got — he‘s got other things,” the host added. “But it still comes from Tesla, right?”

“Yeah, it absolutely comes from Tesla,” the analyst replied. “And just look at the growth in the Tesla stock over the last year. I mean, my God, look at this, 49% up. Compare that to the baseline, the S&P 500 is only up 32%. And Apple, of course, a great stock, only up 28%. The bottom line is Tesla and big corp, because of Elon Musk, has been a massively successful stock.”

“Massively,” echoed Burnett.

WATCH:

Meanwhile, House Oversight Committee Chair James Comer is set to establish a new subcommittee to collaborate with the recently formed Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, in efforts to eliminate government waste, Fox News Digital reported last week.

According to a source familiar with the matter, Rep. Marjorie Taylor Greene (R-Ga.) will chair the Delivering on Government Efficiency Subcommittee. The panel will focus on identifying and eliminating waste, fraud, and abuse in the federal government.

The post ‘Holy Toledo!’: CNN Analyst Says Musk $100B Richer Since Election appeared first on Conservative Brief.